Valencia has withdrawn from the race to host the 37th America's Cup - but Spain is still very much in it according to the latest reports from the New Zealand Herald.
International yachting sources have confirmed that a second Spanish bid is being made, dampening some of the rumours doing the rounds in sailing circles that the Saudis are at the front of the queue with a big-money bid to hold the regatta in Jeddah.
Team New Zealand's announcement of the new one-design AC40 yacht that will help expand pathways into the main event, particularly for women, also contained a largely overlooked line. It said the 37th America's Cup will be a multi-challenger event - effectively closing the door on the proposed one-on-one challenge at Cowes between Team NZ and Ineos Team UK.
So Spain (probably Barcelona), Cork Harbour and Jeddah remain potential venues, one of whom is likely to be named on Friday.
Much more in the New Zealand Herald here.
